TikTok lays off more employees working on TikTok Shop US
TikTok Shop US is conducting its third round of layoffs in as many months.
Former SpaceX manager alleges harassment, retaliation, and security violations in lawsuit
SpaceX is facing another lawsuit alleging discrimination, sexual harassment, and retaliation.
Meta users say paying for Verified support has been useless in the face of mass bans
Users have shared their interactions with Meta Verified support reps, who they claim have been dismissive and unhelpful.
US chipmakers could see bigger tax credits if Trump’s spending bill passes
The current version of the Trump administration’s “big, beautiful bill” would raise the tax credit for U.S. chipmakers to 35%.
Data breach reveals Catwatchful ‘stalkerware’ is spying on thousands of phones
The spyware operation’s exposed customer email addresses and passwords were shared with data breach notification service Have I Been Pwned.
Microsoft will lay off 9,000 employees, or less than 4% of the company
Microsoft is leveraging another round of layoffs despite posting consistent growth.
Tesla faces second straight year of falling sales after another bad quarter
Tesla sales fell more than 13% compared to last year as the company struggles to find demand for its aging lineup, and as CEO Elon Musk continues to damage the brand.
Foxconn tells hundreds of Chinese staff to return from its Indian iPhone factories
Foxconn ordered over 300 Chinese employees to return home from its factories in India, per Bloomberg.
Rivian receives the next $1B from Volkswagen as sales struggles continue
Rivian sales ticked back up in Q2 but were down 23% from the same quarter last year. The company has been dealing with affordability issues made worse by Trump’s tariffs and trade wars.
Cloudflare Blocks AI Bots by Default, Launches Pay Per Crawl Model
By blocking AI bots and enabling micropayments for access, Cloudflare aims to help content creators protect and monetize their content. The post Cloudflare Blocks AI Bots by Default, Launches Pay Per Crawl Model